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Updated September 28, 2026 · VaultCue Editorial Team

Lunar vs N26

Lunar scores 8.7 and N26 9.1 out of 10. Compare their differences and shared features below.
N26

N26

Higher score in this comparison

9.1/10
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Lunar

Lunar

8.7/10
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What sets them apart

Lunar vs N26
CompareLunarLunarReviewSee alternativesSee alternativesN26N26ReviewVisitVisit
Headline rate0.25% to 1%0.3% to 1.5%Higher
Access termsWithdraw anytime; interest paid monthly on all current accounts100% flexible: deposit and withdraw any amount, whenever you want
Monthly feeDKK 0€0

Same on both: Rate type (Variable), Deposit protection (EU DGS up to EUR 100,000), Account kind (Easy access).

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Key differences

  • N26 scores higher overall: 9.1 vs 8.7.
  • Founded is lower at N26: 2013 vs 2015.
  • N26 is available in 19 more countries.
  • Headline rate is higher at N26: 0.3% to 1.5% vs 0.25% to 1%.
  • Support channels: only N26 offers Phone.
  • Pricing model: only N26 offers Low FX.

Our verdict on each

Lunar

Lunar suits people living in Denmark who want a current account that pays interest every month and can be held jointly, with a rate of 0.25% to 1% credited monthly and withdrawals left open. Students, teens and expats get a simple app-led account, though the rate is modest next to the alternatives here.

Read the full Lunar review

N26

N26 suits people who want banking costs to stay flat and who move money across currencies often: the monthly fee is €0 and the currency conversion fee is 0%. It is aimed at expats, travelers, students and teens, and savings sit alongside the everyday account.

Read the full N26 review

Score breakdown

Lunar vs N26
AreaLunarN26
Cost9.1Monthly fee of DKK 0, but a free ATM allowance of DKK 0 and currency conversion at 0% to 1%.9.4HigherFees of €0 monthly and 0% to convert sit at position 1 of 500 and 1 of 312.
Offer8.79.5HigherAimed at expats, travelers and student, holding from 35 currencies, with a joint account, digital-only service and easy-access savings.
Trust8.58.5

How they place

Lunar vs N26
RankingLunarN26
Savings accounts519 of 142022 of 1420
Student, teen and kids accounts158 of 2736 of 273
Online banks164 of 4029 of 402

Every fact side by side

Lunar vs N26
FactLunarN26
Pricing modelNo monthly feeNo monthly fee, Low FXCovers more
Legal entityLunar Bank A/SN26 Bank SE
HeadquartersDenmarkGermany
Founded20152013Lower
Support channelsEmail, Chat, Help centreEmail, Chat, Phone, Help centreCovers more

Everyday accounts

Lunar vs N26
FactLunarN26
Currency conversion fee0% to 1%0%
CurrenciesNot confirmedfrom 35
AudienceExpats, Student, TeenExpats, Travelers, Student, TeenCovers more
FeaturesFree ATM, Joint account, Digital onlyFree ATM, Joint account, Digital only
Local account detailsIBANIBAN
Free ATM withdrawalsDKK 0€2
Transfer feeOutgoing transfer 3 DKK (Light); 0 DKK per transfer in SEK, NOK or EUR, 50 DKK per transfer in other currencies; 0.5% exchange fee on non-DKK transfersFree: no extra charge for Wise-powered international transfers; MoneyBeam domestic transfers free

Money transfer

Lunar vs N26
FactLunarN26
Exchange rate markupNot confirmed0%
Delivery timeNot confirmedInstant to 1 business day
Payout methodsNot confirmedBank, Card
Fee to send 1,000Not confirmed€0

Where each stands against the rest

Lunar vs N26
FactLunarN26Median
Headline rate0.25% to 1%lowest quarter0.3% to 1.5%lowest quarter3.25

Median across 658 listed accounts.

Pros and cons

Lunar

Pros

  • Interest is paid monthly on all current accounts, and the account is easy access, so the balance stays spendable.
  • The monthly fee is DKK 0, so nothing is deducted for keeping the account open.
  • Balances are covered by the EU deposit guarantee scheme, with protection of EU DGS up to EUR 100,000.

Cons

  • Currency conversion costs 0% to 1%, and an exchange fee applies on non-DKK transfers, so spending abroad is where the cost sits.
  • Support runs on email, chat and help centre only, with no phone line listed for problems the app cannot answer.
  • The free cash machine allowance is DKK 0, so ATM withdrawals are not part of what the account gives you.

N26

Pros

  • Deposits are protected through EU DGS up to EUR 100,000, with N26 Bank SE supervised by BaFin in Germany.
  • The savings pot is easy access and fully flexible, so deposits and withdrawals happen in any amount, whenever you want.
  • Support is broad for an app-based bank, running on email, chat and phone.

Cons

  • The savings rate is variable and sits at 0.3% to 1.5%, below the 3% median across savings accounts on the site.
  • Local payment details run on iban, so UK sort codes and US ACH numbers are not part of the standard setup.

Who each suits

Lunar

Who it suits

  • Students and teens opening a first account, since Lunar lists expats, student and teen as its core groups.
  • Expats living in Denmark who want local payment details, since transfers use your own IBAN (iban).
  • Couples sharing a balance, since a joint account sits in the feature list (free atm, joint account and digital only).

Who should look elsewhere

  • Shoppers chasing the top rate: Plazo ES advertises 24.19% and AXI Card Tarjeta y Credito 21.59%, both far above the 0.25% to 1% paid here.
  • Anyone who wants included cash machine use or a phone support line, given the free ATM allowance is DKK 0 and support runs on email, chat and help centre.

N26

Who it suits

  • Expats, travelers, students and teens who want spending and savings in the same app, with from 35 currencies to hold.
  • Readers who move money across borders, since transfers arrive in Instant to 1 business day and pay out to a bank account or a card.

Who should look elsewhere

  • Pixpay FR, because its monthly fee of €3.99 suits readers who will put regular use through the account rather than those who want a fee-free everyday account.
  • bunq Spain Bank Account, because a currency conversion fee of 3% suits readers banking mainly in euros and converting rarely.

Current offers

Lunar

Current offer

  • Bonus

    SAS EuroBonus welcome bonus for new Lunar customers: 3,000 points

    Open a Lunar account after June 17, 2024, order the SAS EuroBonus Lunar card within 2 weeks, keep it active at least 3 months with at least 4 subscription payments, spend at least 15,000 kr (DKK/SEK/NOK) on points-accruing transactions, and have had no Lunar account in the past 2 years.

    Source, checked September 26, 2026

  • Bonus

    Lendo loan sign-up fee discount: 500 DKK off the sign-up fee

    Compare loans via Lendo for free and receive offers based on your needs; discount applies when you have Lunar.

    Source, checked September 26, 2026

  • Bonus

    Wolt+ included with Lunar Unlimited: Wolt+ membership included; 3, 6 or 9-month voucher on lower tiers

    Included in Lunar Unlimited and Lunar Business Limitless; lower tiers receive a voucher for a time-limited offer.

    Source, checked September 26, 2026

N26

Current offer

  • Bonus

    1% travel cashback: 1% cashback for up to 12 months on qualifying Mastercard transactions outside the EEA, Switzerland and the UK

    N26 Go and Metal customers only; enrolment required via in-app message, email or push notification; up to 12 months

    Source, checked September 26, 2026

Country by country

Lunar vs N26
CountryLunarN26
AustriaNoYes
BelgiumNoYes
EstoniaNoYes
FinlandNoYes
FranceNoYes
GermanyNoYes
GreeceNoYes
IcelandNoYes

8 of 21 countries where either is available.

Questions about each

Lunar

How much does it cost to keep a Lunar account?+

The monthly fee is DKK 0, so there is no charge for keeping the account open. The costs sit on money moving: currency conversion costs 0% to 1%, outgoing transfers carry a small fixed fee, and transfers in SEK, NOK and EUR are free while other currencies cost more. Non-DKK transfers also attract an exchange fee.

Is my money safe and who regulates the bank?+

Deposits are covered by the EU deposit guarantee scheme, with protection of EU DGS up to EUR 100,000. The account comes from Lunar Bank A/S, a bank based in Denmark that is supervised by the Danish Financial Supervisory Authority. The scheme behind it is the same one that backs deposits at other European banks.

N26

What does N26 cost to keep open each month?+

The everyday account is free to run: the monthly fee is €0, and N26 sits at position 1 of 500 brands on that column. Spending, savings and support all sit in the same app, so holding the account costs nothing to maintain.

How much does it cost to convert or send money abroad?+

Foreign currency conversion costs 0%, and the exchange rate margin is 0%. The transfer fee is free: no extra charge is added to Wise-powered international transfers, and MoneyBeam domestic transfers are free. That keeps the cost of moving money abroad close to nothing.

Other options to compare

N26

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Lunar

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